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Modelling the Contribution of Nuclear Energy to Economic Development

A User’s Guide to the Extended Input–Output Model for Sustainable Power Generation

IAEA-TECDOC-2073

English IAEA-TECDOC-2073 ¦ 978-92-0-133324-7

126 pages ¦ 76 figures ¦ € 30.00 ¦ Date published: 2024

https://doi.org/10.61092/iaea.oh1h-o5bc

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Description

This publication presents the structure and assumptions supporting the EMPOWER tool and provides a practical guide on using EMPOWER for analysing the macroeconomic impacts associated with nuclear projects and programmes. EMPOWER stands for Extended Input-Output Model for Sustainable Power Generation. The IAEA developed this tool involving research teams from its Member States, particularly in the context of a Coordinated Research Project (CRP) on "assessing national and regional economic effects of nuclear programs". EMPOWER belongs to the class of input-output models, commonly used to evaluate the impact of investments in large infrastructure projects, which offer the ability to analyse the effects of exogenous shocks in a relatively simple way. This type of model describes the interdependencies between the different sectors of the economy through an input-output table and several feedback mechanisms. This report is intended for macroeconomic analysts, energy planners and decision-makers exploring ways to inform energy policies and strategies at the governmental level as well as at ministries leading or contributing to energy planning studies.

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Keywords

Modelling, Contribution of Nuclear Energy, Economic Development, Sustainable Power Generation, Economic Aspects, Electric Power Production, Energy Policy, EMPOWER Tool, Practical Guide, EMPOWER for Analysing, Macroeconomic Impact Analysis, Nuclear Projects, Extended Input-Output Model, IOM, IAEA, Member States, Coordinated Research Project, CRP, National and Regional Economic Effects, Input-Output Table, IOT Methodological Framework, Model Description, Integrated Visual Basic for Applications, Data Transfer, Scenario Definition, Result Calculation, Macroeconomic Assessments, Energy Investments, Comprehensive Energy Strategy, National Level, Single Energy Technology, Recommendations, Data Requirements, Results Interpretation, Defined Set of Data, Gross Domestic Product, GDP, Domestic Product Activities, Economic Indicators, Construction and Operation Phase, Impact Assessment, Technical Descriptions, Model Implementation, General Structure, Submodular, Built-In Checks, Tutorial, Aggregation Schemes, Scenario Data, Masterfile, MATRIX Generation, Case Studies

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